⚖️ Work-Leisure Equilibrium

Y = A · Kα · N1−α  |  Ns increasing in w

Comparative Statics

Adjust the wage to find the equilibrium. Then apply a shock and find the new equilibrium.

Labor demand Labor supply Wage w  Nᵈ  Nˢ
Capital demand (MPK) K (supply)
Output (Y)—
Labor Demand Nd—
Labor Supply Ns—
Rental rate (r*)—
Move the wage slider to explore equilibrium

Equilibrium Comparison Table

No benchmark saved yet — find an equilibrium, then click "💾 Save Current as Benchmark".